290
290
Dec 28, 2012
12/12
by
FOXNEWSW
tv
eye 290
favorite 0
quote 1
mcconnell is a master deal maker. 2010 he fashioned a deal with obama after the mid-term election that extended tax cut two years and brought us where we are today. he is so good if you gave him a weekend and he were in charge he would sol tv syrian civil war. he and read will come up with the package. raising the limit to pay higher taxes. it has to be kept simple. boehner will have two choices. if he refuses to allow a vote and president was hard on him in the statement he made a half hour ago, he will be the scapegoat. option that he will exercise if he thought the deal was awful. he will likely have open vote so caucus don't have to vote one way or another. you will get 180 diems and you only need 25 or so republica republicans. then after january 1 you get around the cliff and he has a stronger position. debt ceiling is approaching. >> do you think republicans would vote against tax cut for 98% of americans? they are only going to get 20 republicans voting in >> the reason the republicans oppose it all the way along there is no commensurate spending. nothing on entitlement. it's o
mcconnell is a master deal maker. 2010 he fashioned a deal with obama after the mid-term election that extended tax cut two years and brought us where we are today. he is so good if you gave him a weekend and he were in charge he would sol tv syrian civil war. he and read will come up with the package. raising the limit to pay higher taxes. it has to be kept simple. boehner will have two choices. if he refuses to allow a vote and president was hard on him in the statement he made a half hour...
254
254
Dec 28, 2012
12/12
by
FOXNEWSW
tv
eye 254
favorite 0
quote 0
to craft a deal to avert looming tax hikes and spending cuts. with most of the hoist members on vacation until sunday night, no plan in sight. how much can actually be accomplished. susan fereccio joins us now. chief congressional correspondent for the "washington examiner". we're seeing dianne feinstein there on the senate floor. it is vacant on the house side. so in truth how much is really going to get done? >> well, gregg, a lot of this negotiations are really taking place between the leadership levels right now. we don't really have to worry about what is happening on the house floor. it's about what is going on at the white house. now, the president today is going to meet with congressional leaders from both parties, both chambers. they will sit down. they will talk about a potential deal. the president might offer something that maybe the republicans could go for. it wouldn't be a sweeping deal. gregg: like what? >> might be something smaller. well, it would be something that could potentially avoid the major tax hikes coming in january.
to craft a deal to avert looming tax hikes and spending cuts. with most of the hoist members on vacation until sunday night, no plan in sight. how much can actually be accomplished. susan fereccio joins us now. chief congressional correspondent for the "washington examiner". we're seeing dianne feinstein there on the senate floor. it is vacant on the house side. so in truth how much is really going to get done? >> well, gregg, a lot of this negotiations are really taking place...
174
174
Dec 28, 2012
12/12
by
FOXNEWSW
tv
eye 174
favorite 0
quote 0
can they make a deal or can they do their jobs or is this just more political drama? >> we want an agreement. >> the count down is midnight. the start of a new year. >> we are going over the cliff because frankly i believe it's what the president wants. >> the american people are waiting for the ball to drop, but it's not going to be a good drop. >> but we have no takers. >> every republican, every democrat ought to be here. >> the phone never raining. >> they should negotiate a plan. they shouldn't have the mine are in plan, they should have the biglan. >> here we are five days from the new year, and we might finally start talking. >> the republicans are sitting there with a nuclear weapon. they have the debt ceiling coming up. they can use that as part of this negotiation. >> what is going on here? >> the president called me and probably called others last night. my impression is he would like to see if we can move forward. >> you can't legislate with yourself. >> the breaking news of the moment is that the house republican leadership is calling its members back for
can they make a deal or can they do their jobs or is this just more political drama? >> we want an agreement. >> the count down is midnight. the start of a new year. >> we are going over the cliff because frankly i believe it's what the president wants. >> the american people are waiting for the ball to drop, but it's not going to be a good drop. >> but we have no takers. >> every republican, every democrat ought to be here. >> the phone never raining....
236
236
Dec 24, 2012
12/12
by
FOXNEWSW
tv
eye 236
favorite 0
quote 0
. >> top allies note he has tried to get a deal for weeks and says the real problem that republicans won't admit that obama won the election. >> on taxes, i know it's hard for republicans but the president ran on the platform. 250. no tax increase for people below but taxes for people above. he won. 60% of voters said they were for it in exit polls including republicans. >> wake of house speaker john boehner's plan "b" failure, all eyes turn to senate leaders harry reid and mitch mcconnell and whether they work out something short of $4 trillion grand bargain. last-minute stop gap. attending tax cut for people making $250,000 or less. and unemployment benefits for 2 million people who will lose the benefits a week after christmas. >> it is going to be a patch. because in four days we can't solve everything. >> yet, other republicans note the president short-term fix raises some taxes, yet punt spending cuts until next year. >> i would vote for revenue, including the tax rate hike though i don't like them to get, to save the country from becoming greece. i'm not going to set aside the
. >> top allies note he has tried to get a deal for weeks and says the real problem that republicans won't admit that obama won the election. >> on taxes, i know it's hard for republicans but the president ran on the platform. 250. no tax increase for people below but taxes for people above. he won. 60% of voters said they were for it in exit polls including republicans. >> wake of house speaker john boehner's plan "b" failure, all eyes turn to senate leaders harry...
354
354
Dec 28, 2012
12/12
by
FOXNEWSW
tv
eye 354
favorite 0
quote 0
president obama set to meet with mouse and senate leaders from both parties tomorrow to work out a deal hopefully to avert the fiscal cliff. and former president george h.w. bush remains in intensive care at a houston hospital after a series of health setbacks. >>> and the former president among those tonight mourning the death of the legendary american general storm norman schwarzkopf. he booted saddam hussein's forces out of kuwait in the he died in central florida. the assignment the last chanter in an extraordinary olive of service. general schwarzkopf was one of the most well known commanders in modern mill tare arery history. >> he most certainly was. his command of the gulf war inspired me to become a war correspondent. although he had a long connection with that region. he was obviously -- famous for being commander of the forces during the golf war. he had gone to school in tehran and iran as a kid. they were stationed there. schwarzkopf guided military school before serving in the south vietnamese airborne division. by the time he was a lieutenant colonel he distinguished hims
president obama set to meet with mouse and senate leaders from both parties tomorrow to work out a deal hopefully to avert the fiscal cliff. and former president george h.w. bush remains in intensive care at a houston hospital after a series of health setbacks. >>> and the former president among those tonight mourning the death of the legendary american general storm norman schwarzkopf. he booted saddam hussein's forces out of kuwait in the he died in central florida. the assignment...
318
318
Dec 31, 2012
12/12
by
FOXNEWSW
tv
eye 318
favorite 0
quote 0
. >> president obama said a deal is in sight and appeared at a campaign style event to remind everyone he is winning and g.o.p. is not. >> last month, republicans in congress said they would never agree to raise tax rates on the wealthiest americans. the agreement currently discussed would raise those rates, raise them permanently. >> republicans suggest the event may backfire to accuse the republican of rubbing their nose in defeat. >> the president won. we know that. he won fair and square. isn't it now time to govern? >> the president was out of line with his comments at 1:30 afternoon. this is a delegate time. i think the democrats would be embased after what the president did. >> after months of the president promising a balanced approach there are only tax hikes for rich without new spending cuts. today he hinted at more tax hikes ahead. warning republicans that the future deficit reduction will not come from cuts alone. >> if they think that is the formula for how we solve this thing, they have another thing coming. that is not how it will work. >> republicans fire back it's tim
. >> president obama said a deal is in sight and appeared at a campaign style event to remind everyone he is winning and g.o.p. is not. >> last month, republicans in congress said they would never agree to raise tax rates on the wealthiest americans. the agreement currently discussed would raise those rates, raise them permanently. >> republicans suggest the event may backfire to accuse the republican of rubbing their nose in defeat. >> the president won. we know that....
235
235
Dec 28, 2012
12/12
by
FOXNEWSW
tv
eye 235
favorite 0
quote 0
big obama supporter. for all of you people wearing beats headphones that money is going through ireland now because of that problem. heather: okay. before we get off on dr. dre, let's talk a little bit what is going on now, 30 minutes from now, any moment, they're starting to arrive, we have boehner, pelosi, mcconnell, reid. they're on capitol hill. what can president obama offer that both sides can agree to. >> unfortunately for individual members of the republican house it is to their interest to let tax increases go into effect. that way they won't be viewed as having raised taxes. they can come in and easier to negotiate with them. what the president, what we are hearing about what the president is proposing though, is a small deal to get them through the fiscal cliff so that it avoids some of the implications, some of the more damaging implications for the economy. i don't think the fiscal cliff honestly is really going to have a huge impact. our housing market and labor market remained firm and i th
big obama supporter. for all of you people wearing beats headphones that money is going through ireland now because of that problem. heather: okay. before we get off on dr. dre, let's talk a little bit what is going on now, 30 minutes from now, any moment, they're starting to arrive, we have boehner, pelosi, mcconnell, reid. they're on capitol hill. what can president obama offer that both sides can agree to. >> unfortunately for individual members of the republican house it is to their...
142
142
Dec 30, 2012
12/12
by
FOXNEWSW
tv
eye 142
favorite 0
quote 0
republican senator lindsay graham expressing optimism on deal and president obama is calling out lawmakers for rejecting offers for last month. >> what do you think the chances of a small deal in the less 48 hours to avoid the cliff? >> exceedingly good. i think what have we accomplished, a political vick for the president. the president has stood his ground. he is going to get tax rate increases but upper income americans and sad news for the country we have accomplished very little of not becoming greece. this won't affect the debt situation. it will be a political victory for the president and i hope we'll have the courage of our convictions when it comes time to raise the debt ceiling to fight for what we believe in. but hats off to the president. >> we have been talking to the republicans since the election has been over. they have had trouble to say yes to a number of repeated offers. >> so what kind of deal if any can we expect before the clock runs out? joining us for a fair balanced debate, tony is here, national political correspondent for talk radio news service and fox news con
republican senator lindsay graham expressing optimism on deal and president obama is calling out lawmakers for rejecting offers for last month. >> what do you think the chances of a small deal in the less 48 hours to avoid the cliff? >> exceedingly good. i think what have we accomplished, a political vick for the president. the president has stood his ground. he is going to get tax rate increases but upper income americans and sad news for the country we have accomplished very...
202
202
Dec 26, 2012
12/12
by
FOXNEWSW
tv
eye 202
favorite 0
quote 0
president obama said he will come back early to work on a fiscal deal. lawmakers will be able to reach a deal. if there is a deal it will be a slight economic improvement . failing to reach a deal means massive tax hikes and spending cuts. oil prices dropped over concerns about the cliff. >> i take a sip of coffee. >> voting in favor and banning americans from adopting russian children x. goes to vladimir putin. it is part of a pressure of angry lawmakers retailiating and call would for sanctions against russians. its like no senate run in ben affleck's future. he will not run for john kerry's senate seat. he said he's staying out of the political ring. heart warming video of a alabama football fan getting a christmas gift he will never forget. we are going to the game. that's great. danual buchanan surprising his father to a bcs title game . the game is january 7th. >> best gift ever i think. >> it is bigger if it is notre dame. >>> and that is true. >> video from amarillo, texas. noble texas in the texas panhandle with four inches reported . cross i-40
president obama said he will come back early to work on a fiscal deal. lawmakers will be able to reach a deal. if there is a deal it will be a slight economic improvement . failing to reach a deal means massive tax hikes and spending cuts. oil prices dropped over concerns about the cliff. >> i take a sip of coffee. >> voting in favor and banning americans from adopting russian children x. goes to vladimir putin. it is part of a pressure of angry lawmakers retailiating and call would...
282
282
Dec 27, 2012
12/12
by
FOXNEWSW
tv
eye 282
favorite 0
quote 0
and so whether you're deal -- what you're doing with obama is not just the expiration of the bush tax cuts, but obama tax goes into effect as well. the cap gains rate will go up 58% and this is going to lose revenue rather than gain revenue just as it has in the past. similarly, the tax increase on dividends. if the bush tax cut expires, along with the obamacare tax increase, the tax rate on dividends is going to increase -- actually triple. when bush cut the tax rate on dividends, dividends pay soared and so did the taxes napad on them as a result. if you reverse that tax cut and put the obamacare tax on top, dividends are going to collapse and so are the revenues that government will collect from the dividends. you'll have a similar result as you had in 1990 where they increased rather than declined. >> clayton: do we not learn from our history? this seems like it's just repeating all over again. politicians aren't aware of their history here and what we could go through again. we know what 1991 and 1992 looked like with that recession. it was hard. >> the tax increases we're talkin
and so whether you're deal -- what you're doing with obama is not just the expiration of the bush tax cuts, but obama tax goes into effect as well. the cap gains rate will go up 58% and this is going to lose revenue rather than gain revenue just as it has in the past. similarly, the tax increase on dividends. if the bush tax cut expires, along with the obamacare tax increase, the tax rate on dividends is going to increase -- actually triple. when bush cut the tax rate on dividends, dividends...
379
379
Jan 1, 2013
01/13
by
FOXNEWSW
tv
eye 379
favorite 0
quote 0
the only reason we don't have a big deal or anything on spending because barack obama does a pep rally during the negotiations. he will spend every dime you give him. this guy is big government liberal. only big idea every embraced is big government. stimulus, obamacare. we'll make him historic president whether he wants it be or not. social security and medicare are going bankrupt. the debt ceiling is a chance to get those programs out of bankruptcy and put the country on a path to sustainability. we borrowed 2.1 trillion in august of 2011. we spent 2.1 trillion in 17 months. we're burning threw money. every child in america born owes $51,000 on the date of their birth. and that is unacceptable. that is going to stop. we're not going to raise the debt ceiling again and borrow a unabout much more money until we address why we're going protect as a nation. steve: senator graham, i was talking to one of my neighbors that works on wall street. he says given the inaction up on capitol hill regarding the debt and long-term entitlements we're cruising to get downgraded again by the rating ag
the only reason we don't have a big deal or anything on spending because barack obama does a pep rally during the negotiations. he will spend every dime you give him. this guy is big government liberal. only big idea every embraced is big government. stimulus, obamacare. we'll make him historic president whether he wants it be or not. social security and medicare are going bankrupt. the debt ceiling is a chance to get those programs out of bankruptcy and put the country on a path to...
266
266
Dec 25, 2012
12/12
by
FOXNEWSW
tv
eye 266
favorite 0
quote 0
lawmakers do plan to return to washington later this week to try to hammer out a last-minute deal. for now president obama and the first family are celebrating christmas in hawaii and that's where our ed henry is traveling with the president now live in honolulu. ed? bottom line the president is here in hawaii but might not be here for long. shortly after christmas likely to go back to washington. try and broker some sort of a deal. you remember before he left for hawaii, he announced that he wanted more of a short-term deal. sort of scaled back stop gap measure so that that big grand 4 trillion-dollar. instead he wanted to extend tax cuts for the middle class. he wanted to extend benefits for 2 million people that will lose those benefits a week after christmas. republicans are saying they think the president actually wants to go off the fiscal cliff for political gain. take a listen. when i listen to the president i think the president is eager to go over the cliff for political purposes. additional tax revenue for new programs. he gets to cut the military which democrats have be
lawmakers do plan to return to washington later this week to try to hammer out a last-minute deal. for now president obama and the first family are celebrating christmas in hawaii and that's where our ed henry is traveling with the president now live in honolulu. ed? bottom line the president is here in hawaii but might not be here for long. shortly after christmas likely to go back to washington. try and broker some sort of a deal. you remember before he left for hawaii, he announced that he...
207
207
Dec 28, 2012
12/12
by
FOXNEWSW
tv
eye 207
favorite 0
quote 0
they realize that if there is no deal that gets done, we go over the fiscal cliff or the obama cliff and everything that gets kicked into gear, higher tax rates, some of the spending cuts, sequestration, probably good for the economy, which i believe is, but also he can come back in after the first of the year, sometime in january or february and say, let's pass some tax cuts for people making under $250,000 a year, like i've wanted to do all along and he gets to own tax cuts. it's very, very politically senator to do this on his part. on right, they really, really needed to be one voice and they just couldn't get to that. >> kelly: he divided the republicans as charles krauthammer alluded to, saying that's what the president wanted to do, to divide the republicans. senator john barrasso has something to say about the president, saying he may have wanted to do this all along, go off the fiscal cliff. >> i think that he sees a lot of cuts to the military, which the democrats have been after for a long time. and then he gets to do what he loves to do, which is blame republicans. my con
they realize that if there is no deal that gets done, we go over the fiscal cliff or the obama cliff and everything that gets kicked into gear, higher tax rates, some of the spending cuts, sequestration, probably good for the economy, which i believe is, but also he can come back in after the first of the year, sometime in january or february and say, let's pass some tax cuts for people making under $250,000 a year, like i've wanted to do all along and he gets to own tax cuts. it's very, very...
141
141
Dec 29, 2012
12/12
by
FOXNEWSW
tv
eye 141
favorite 0
quote 0
. >> and military to deal with. >> if there's a theme to what we're saying, the united states has to play an active leadership role rather than passive leadership role. if the united states is passive and barack obama to a certain extent, represents democratic ideas na it should be more passive, this is the kind of world that results. i think places like egypt and syria were looking to the united states at least to have a presence in the transition, but we have not and we're seeing the results. >> paul: where do you think, other than -- where are the potential flash points in this coming year? >> liook, there are many. one of them, we don't talk about europe enough. the crisis in europe is going to get dramatically worse in portugal, spain, italy. there is dysfunction in the european union. that's one place to look. that's going to encourage russia to make moves of its own, you mentioned south africa. south africa is not going in a good direction, it's supposed to be the most optimistic spot on the african continent. so i don't see many bright spots, maybe new zealand, but some say t
. >> and military to deal with. >> if there's a theme to what we're saying, the united states has to play an active leadership role rather than passive leadership role. if the united states is passive and barack obama to a certain extent, represents democratic ideas na it should be more passive, this is the kind of world that results. i think places like egypt and syria were looking to the united states at least to have a presence in the transition, but we have not and we're seeing...
242
242
Dec 25, 2012
12/12
by
FOXNEWSW
tv
eye 242
favorite 0
quote 0
and to have the world just idly watching die as some people would say -- there is as you know a great deal of concern and even suspicion that syrian government forces may actually resort to using chemical weapons. president obama has warned there would be consequences if bashar al-assad's military conducts such chemical warfare. does that mean the u.s. may possibly consider eve enacting some military option in syria? >> i think what people are looking at is whether the chemical weapons can be secured or destroyed in place. this is very, very dangerous. one could argue that we should have focused on the chemical weapons a longtime allege. the other risk of course is the chemical weapons get outside of syria, fall into the hands of al-qaida or other terrorist and be used worldwide. it was a very dangerous situation. the pope was absolutely right to call attention to it. >> obviously you've talked to a lot of people 0 behind closed doors in terms of what is happening in syria and the entire middle east. what is going on here? why can't something, some resolution be found in this conflict? >>
and to have the world just idly watching die as some people would say -- there is as you know a great deal of concern and even suspicion that syrian government forces may actually resort to using chemical weapons. president obama has warned there would be consequences if bashar al-assad's military conducts such chemical warfare. does that mean the u.s. may possibly consider eve enacting some military option in syria? >> i think what people are looking at is whether the chemical weapons...
232
232
Dec 24, 2012
12/12
by
FOXNEWSW
tv
eye 232
favorite 0
quote 0
deal. and republicans on some of the sunday talk shows, like senator john barrasso of wyoming was on "fox news sunday" charging that the president really does want the nation to go off the cliff because then tax less go up. take a listen. >> when i listen to the president i think the president is eager to go over the cliff for political purposes. i think he sees a political victory at the bottom of the cliff. he gets all this additional tax revenue for new programs. he gets to cut the military which democrats have been calling for, for years. and he gets to blame republicans for it. >> reporter: democrats say that is ridiculous, that the president has been working with republican leaders again and again trying to workout some sort of a deal, both on spending and taxes to avoid the fiscal cliff, and democrat chuck schumer yesterday said the real problem is that republicans won't admit the president won the election and that tax rates are going up. take a listen. >> on taxes, i know it's hard
deal. and republicans on some of the sunday talk shows, like senator john barrasso of wyoming was on "fox news sunday" charging that the president really does want the nation to go off the cliff because then tax less go up. take a listen. >> when i listen to the president i think the president is eager to go over the cliff for political purposes. i think he sees a political victory at the bottom of the cliff. he gets all this additional tax revenue for new programs. he gets to...
354
354
Dec 29, 2012
12/12
by
FOXNEWSW
tv
eye 354
favorite 0
quote 0
he told the senate they had a day or two to make a deal on their own. if they're not making any progress he wants both chambers to bring this plan forward for up or down vote. speaker boehner apparently was noncommittal to that idea. it's important to point out that the debt ceiling is not a part of this plan c. that is still going to have to be dealt with separately later on. >> juliet: thank you, peter. >> dave: moderately optimistic. >> juliet: we are moderately optimistic about the weather. one-two punch comes as people are still digging out from past week's snow storm. >> clayton: preparation press still underway. stacking up on salt and sand. they have been presalting some of the roadways. >> dave: i hope so. maria my lien in for for rick this morning. good morning, maria. >> good morning. good to see you guys. good morning, everybody. we have another storm system first alert forecast to bring more snow to the northeast today. that's just after on thursday. we got hit with as much as 20 inches of snow portions of upstate, new york. good news with
he told the senate they had a day or two to make a deal on their own. if they're not making any progress he wants both chambers to bring this plan forward for up or down vote. speaker boehner apparently was noncommittal to that idea. it's important to point out that the debt ceiling is not a part of this plan c. that is still going to have to be dealt with separately later on. >> juliet: thank you, peter. >> dave: moderately optimistic. >> juliet: we are moderately optimistic...
363
363
Dec 30, 2012
12/12
by
FOXNEWSW
tv
eye 363
favorite 0
quote 0
they come out with a deal, they may not reach a deal. it's possible that the republican leader mitch mcconnell and democrat leader harry reid may not make a compromise at which point harry reid says he'll put president obama's plan, $250,000 as a threshold for raising income tax rates and extending unemployment benefits and that's about it, put that to an up or down vote and see if republicans block it either in the senate or the house. not necessarily going to be a compromise deal although that obviously would have a much better chance of passing congress if it gets some republican behind it. >> juliet: you're going to have lindsey graham on the show. i think it was lindsay graham the other day who said you call these public-- you announce the meetings publicly it's usually political theater. what is your assessment what's happened over the last couple of days? are we really seeing any real action going on behind the scenes in your opinion? >> well, absolutely. i mean, there's no question, and i think it's much more in terms of the staf
they come out with a deal, they may not reach a deal. it's possible that the republican leader mitch mcconnell and democrat leader harry reid may not make a compromise at which point harry reid says he'll put president obama's plan, $250,000 as a threshold for raising income tax rates and extending unemployment benefits and that's about it, put that to an up or down vote and see if republicans block it either in the senate or the house. not necessarily going to be a compromise deal although...
297
297
Dec 27, 2012
12/12
by
FOXNEWSW
tv
eye 297
favorite 0
quote 0
i think they have enormous incentive to deal right now because the poll numbers show that obama's numbers are gaining. democratic numbers are gaining. they're up in the 50s. republicans are down in the 20s and 30s. i think republicans lost the economic debate for now with democrats. i think there is lot of pressure on them to get this deal done soon and then, you know, we will start all over again because there will be a presidential budget in february and we'll be back at the table, negotiating this with the republicans right away. so it is just, should be seen as a little fiscal break or a fiscal, we'll come up with a better analogy but temporary stopgap measure what will then be, we're going to be starting this debate all over again in february. heather: mark, in terms of, you know, who the blame is placed upon and in terms of the public, poll after poll does show that they will blame republicans. is that a matter of messaging from republicans and what can they do, if anything, to change that? what have they done wrong? >> number one of the rasmussen poll today showed 44% would blame r
i think they have enormous incentive to deal right now because the poll numbers show that obama's numbers are gaining. democratic numbers are gaining. they're up in the 50s. republicans are down in the 20s and 30s. i think republicans lost the economic debate for now with democrats. i think there is lot of pressure on them to get this deal done soon and then, you know, we will start all over again because there will be a presidential budget in february and we'll be back at the table,...
225
225
Dec 26, 2012
12/12
by
FOXNEWSW
tv
eye 225
favorite 0
quote 0
right now president obama is cutting his vacation short to head back to washington and jump-start the fiscal cliff negotiations with congress. talks fell apart before christmas. the deadline now is just days away and there is no deal in sight to avoid the tax hikes and spending cuts set to go into effect january 1st. our juan williams is a fox news political analyst and he joins us today and very quickly, juan, merry christmas to you. >> merry christmas, kelly. kelly: this is daunting task facing congress to avert the so-called fiscal cliff that will set into motion more than $600 billion in drastic and draconian allic tax hikes and spending cuts. that will cause a lot of pain for all americans and does congress have enough time to act on this? >> they do. you know it will be very close and it may in fact go beyond the deadline per se although people are thinking at the moment it is possible to get something done by the end of this week. the key here, kelly, is the senate. we have been so focused on the house, speaker boehner, plan. about, plan b falling apart. now speaker boehner is
right now president obama is cutting his vacation short to head back to washington and jump-start the fiscal cliff negotiations with congress. talks fell apart before christmas. the deadline now is just days away and there is no deal in sight to avoid the tax hikes and spending cuts set to go into effect january 1st. our juan williams is a fox news political analyst and he joins us today and very quickly, juan, merry christmas to you. >> merry christmas, kelly. kelly: this is daunting...